Gene Munster: ‘Apple is, once again, defying gravity’

Loup Funds’ Gene Munster says that Apple is “defying gravity” and “powering through the early stages” of a macroeconomic downturn.Gene Munster for Loup Funds:This is based on what I believe, was the most important comment from the [company’s conference on June 28th] call: Cook’s assessment that, in respect to the iPhone, “there was no obvious evidence of macroeconomic impact during the June quarter besides FX.” The segment grew 3% year over y